Money laundering that would make John Gotti proud

The charges against John Gotti with which he was convicted: Murder, conspiracy to commit murder, loansharking, racketeering, obstruction of justice, illegal gambling, and tax evasion. Sound like we need to reduce his sentence. This whole “mortgage crisis” has had the hair on the back of my neck standing up for quite some time now, but [...]

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Where’s Volcker?

Since Obama named him head of his “Economic Recovery Advisory Board” back in November, we haven’t heard a peep. He is one of the most independent-thinking guys you could find and brings massive reputation,” Ethan Harris, co- head of U.S. economic research at Barclays Capital Inc. in New York, said before the appointment. Ahhh, perhaps [...]

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